€ 470 000

€ 5 341 / sqm

+ VAT

From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:

The purchase is made by an individual, not a legal entity.
The buyer is not going to rent out the acquired property.
This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.

A reduced VAT rate of only 5% is applied to the first 200 m². The remaining area over 200 m² is subject to a 19% tax. These rules only apply to buyers of new developments, while for secondary real estate, VAT is 0%

2 bedrooms Apartment in Paphos, Cyprus No. 43120

Bedrooms

88 sq.m.

Square

Parameters

Property Description

56 apartments in a complex with a clubhouse, restaurant, gym, a half-sized Olympic swimming pool and full-service amenities with a 12-hour concierge.

Perfectly situated in the vibrant tourist area of Kato Paphos, just a short walk from the harbour, beaches and the Shopping Mall, the complex epitomizes convenience and leisure at your doorstep.

Each apartment features modern living, expansive layouts, high ceilings, comforts like VRV cooling and underfloor heating systems.

Individual covered parking and storage space will be allocated for each apartment.

The Project has EPC certificate with "A" Energy Efficiency Rating.